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    PEAB B   SE0000106205

PEAB AB (PUBL)

(PEAB B)
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Peab Builds Apartments in Vantaa

09/14/2021 | 02:00am EDT

Peab has been commissioned to build apartments in Vantaa. The customer is Sato-Rakennuttajat Oyand the contract is worth EUR 15 million. The project entails building two high-rises with a total of 159 apartments in Vantaa Keimolanmäki. The project is a turnkey contract. Construction starts in October 2021 and the project is expected to be completed in May 2023. The project will be order registered in the third quarter 2021.


© S&P Capital IQ 2021
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Financials
Sales 2021 58 374 M 6 813 M 6 813 M
Net income 2021 2 110 M 246 M 246 M
Net Debt 2021 7 925 M 925 M 925 M
P/E ratio 2021 13,8x
Yield 2021 4,54%
Capitalization 29 043 M 3 385 M 3 390 M
EV / Sales 2021 0,63x
EV / Sales 2022 0,62x
Nbr of Employees 16 142
Free-Float 59,1%
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 98,45 SEK
Average target price 105,00 SEK
Spread / Average Target 6,65%
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Managers and Directors
Jesper Göransson President & Chief Executive Officer
Niklas Tom Winkvist Chief Financial Officer
Anders Erik Runevad Chairman
Roger Linner Chief Operating Officer
Henrik Viberg Jönsson Head-Finance & Investments
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